Tuesday, January 09, 2018

Sponsored Links

Newgen Software Technologies coming up with ipo around 425 crore in January 2018. The company incorporated in 1992 which is based in Delhi. Newgen Software Technologies is a software product company offers product and platform to the organizations. The company has ECM and BPM space. They sell their own products and they have 300 strong channel partners all over the world. They have 27 patent applications in India 1 in USA. They are ctive in 60 countries with 450 customers and 265 employees. The company looks good on the paper. One can subscribe the ipo for listing gain.

Newgen Software IPO Review:

Apply for Listing Gain

Newgen Software IPO Dates & Price Band: (Approx)

IPO Open: 16-January-2018

IPO Close: 18-January-2018

IPO Size: Approx Rs. 425 Crore (Approx)

Face Value: Rs. 10 Per Equity Share

Price Band: Rs. 240 to 245 Per Share

Listing on: BSE & NSE

Retail Portion: 35%

Equity: 13,453,932Shares

Newgen Software IPO Market Lot:

Shares: Apply for 61 Shares (Minimum Lot Size)

Amount: Rs.14,945

Newgen Software IPO Allotment & Listing:

Basis of Allotment: 23-January-2018

Refunds: 24-January-2018

Credit to demat accounts: 25-January-2018

Listing: 29-January-2018

Newgen Software Financial:
The results has been looks up and down but in 2017 it was jumped superbly. The PAT jumped 88% to 52.4 crore compared to 2016 which was 27.8 crore. The revenues increasing year on year. In 2017 in increased 24% compared to 2016 while 111 times compared to 2013.

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